The outlook for 1997 United States corporate earnings
Article Abstract:
Corporate America's growth earnings are expected to increase by 13.7% and 18.4% in 1997 and 1998, respectively, as revealed by an analysis conducted by the Institutional Brokers Estimate System. Overall operating earnings are also anticipated to expand by 11% in 1997 and reach a 14.7% growth rate by 1998. The technology sector is forecasted to establish the highest growth rate for 1997 at 27.5%. Analysts are also confident that there are no possibilities for an economic recession to take place in late 1997 and the rest of 1998.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1997
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The outlook for 1998 United States corporate earnings
Article Abstract:
Results of a survey of security analysts conducted in Sep 1998 project a 5.5% growth in US corporate earnings for 1998 and a 21.8% growth for 1999. A 2.9% rise in operation earnings for the Standard and Poor's 500 is also forecasted for 1998 and an 18.9% growth in 1999. The respondents also reported that the economic crisis spreading across the globe will remain to be a problem, with increasing imports expected to slow down growth of US corporate profits in the latter months of 1998 and 1999.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
The outlook for United States corporate earnings
Article Abstract:
A 1.8% increase in US corporate earnings in 1998 was suggested by the December survey conducted by the Institutional Brokers Estimate System. Based on the responses gathered from 3,400 security analysts affiliated with institutional equity research firms, the study found that strong consumer demand will be felt in 1998, and because of this, the chances of a recenssion is minimized. The highest earnings growth in 1999 is expected to come from the technology sector.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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